Presented by your local real estate agent Mohit Gupta of Ray White Modbury is this fantastic proposition (Block of units) on one Torrens Title, in the evergreen suburb of Valley View.
Perfectly positioned for the astute investor is this once in a life time opportunity to purchase this block of three units, each with 2 bedrooms and 1 bathroom. All three units are situated on a single Torrens title. Please note that there is no strata or community fee involved in this property.
Features of all three units include:
Unit 1/45 Nelson Road - Currently rented at $480 per week on a fixed term lease expiring on the 31/03/2026.
• 2 bedrooms - master with built in robes.
• 1 bathroom complete with shower, toilet and vanity; as well as laundry facilities.
• Kitchen with cooktop, tiled splashback and external access to side courtyard.
• Open plan meals and living area.
• Split system AC unit in the kitchen facing the living area.
• Floating floors throughout.
• Small courtyard at the rear with toolshed and external gate.
Unit 2/45 Nelson Road - Currently rented at $490 per week on a fixed term lease expiring on the 12/06/2026.
• 2 bedrooms - master with built in robes.
• 1 bathroom complete with shower, toilet and vanity; as well as laundry facilities.
• Kitchen with cooktop, tiled splashback and external access to side courtyard.
• Open plan meals and living area.
• Split system AC unit in the kitchen facing the living area.
• Floating floors throughout.
• Small courtyard at the rear.
Unit 3/45 Nelson Road - Currently rented at $510 per week on a fixed term lease expiring on the 02/03/2026.
• 2 bedrooms - master with built in robes.
• 1 bathroom complete with shower, toilet and vanity; as well as laundry facilities.
• Kitchen with cooktop, tiled splashback and external access to side courtyard.
• Open plan meals and living area.
• Split system AC unit in the kitchen facing the living area.
• Floating floors throughout.
• Small courtyard at the rear with external gate.
All 3 of these units are generating a cumulative rent of $1480 per week or $76,960 per annum.
Only a short walk from both Prescott Primary Northern and Valley View Secondary School as well as a conveniently located KSM & IGA Valley View with various eateries and Zap Fitness 24/7 gym just down the road. Within only a few minutes drive from Para Vista Shopping Centre, Ingle Farm Shopping Centre, Clovercrest Village, Westfield Tea Tree Plaza and Bus Interchange as well as the shopping and services thoroughfare that is North East Road. The local Ilberry Green and Valley View Tennis Club as well as Adelaide Pumas Soccer Club, Valley View Golf Driving Range and Valley View Par 3 Golf Course are all close by for enjoyable outdoor activities.
Various medical centers and clinics such as North East Family Practice at Valiant Road, Holden Hill; North East Modbury Medical & Dental Centre on North East Road, Modbury and Modbury Hospital can all within a 10 minute drive.
Public transportation options can found along Nelson Road, Wright Road, Grand Junction Road making transportation into Tea Tree Plaza, Paradise Interchange and the CBD an easy commute.
Locally zoned schooling options include Valley View Kindergarten and Valley View Secondary School. Other various local schooling options include Prescott Primary Northern, Ingle Farm East Primary School, Wandana Primary School and Para Vista Primary School.
With so much potential and located within minutes to so many amazing local amenities an in person inspection is an absolute must!
Please note that all questions can be directed to Mohit Gupta of Ray White Modbury on 0421472034
DISCLAIMER: We have in preparing this document used our best endeavors to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this document.
RLA-322341
